NSEGeneral Updates8 Jul 2026 · 8 Jul 2026, 07:22 pm

General Updates

Davangere Sugar Company Limited · DAVANGERE

✦ AI SummaryFundraise

Davangere Sugar Company Limited has informed the Exchange about the full subscription of its FCCB (Foreign Currency Convertible Bond) offering, which was closed on July 8, 2026. The issue was fully subscribed in terms of the Offering Circular.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10

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Full Announcement

Davangere Sugar Company Limited has informed the Exchange about FCCB offering was fully subscribed in terms of the Offering Circular

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DAVANGERESUGAR_08072026192207_Closure_Intimation_.pdf

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D A V A N G E R E S U G A R C O M P A N Y L I M I T E D CIN: L10721KA1970PLC001949 Date: 08th July 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Fort, Bandra Kurla Complex, Mumbai- 400 001 Bandra (East), Mumbai - 400 051 Company Code: 543267 Company Symbol: DAVANGERE Subject: Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, (‘SEBI Listing Regulations’) on full subscription of the FCCBs. Dear Sir/ Madam, In furtherance to the outcome of the Board Meeting held on 03rd July 2026 regarding Opening of the FCCB issue of USD 100 Million, not exceeding INR 952,40,80,000 (Rupees Nine Hundred Fifty-Two Crore Forty Lakh Eighty Thousand Only.) (approximately), of FCCBs at 2% coupon rate, 1000 Unsecured Foreign Currency Convertible Bonds issued at 15% discount of issue price aggregating to USD 85 Million. We wish to inform you that the aforesaid issue has been closed as at the close of business hours of 08th July 2026. The FCCB offering was fully subscribed in terms of the Offering Circular. We request you to kindly take the above information on record and disseminate to all concerned. Yours faithfully, For DAVANGERE SUGAR COMPANY LIMITED S S GANESH MANAGING DIRECTOR DIN: 00451383 Factory and : Kukkuwada – 577 525. Davangere Taluk & District. Karnataka State. INDIA Admin Office Phone PBX: 08192-201623-29 Accounts Direct: 08192-201789 Fax No: 08192-201627 email : davangeresugars@gmail.com, accounts@ davangeresugars@gmail.com, material.dscl@gmail.com Website : www.davangeresugars.com Regd. Office : 73/1, P.B.No. 312, Shamanur Road, Davangere 577 004. Karnataka. INDIA Corp. Office : No. 19, Shivashankar Plaza, 3rd Floor, Richmond Circle, Lalbagh Road, Bangalore 560027, Karnataka. INDIA Phone: 080-22272183 Fax: 080-22222779